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KUAISHOU-W Evaluating Proposed Restructuring Plan for Kling AI Assets and Businesses, which May Involve External Financings
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KUAISHOU-W (01024.HK) stated that it noted that there were some media reports on May 11, 2026 regarding the Company’s intention to obtain external financings and the proposed separate listing in relation to the Group’s Kling AI assets and businesses. The Company updated the shareholders and investors that with a view to further leveraging external financial resources, the board of directors of the Company is assessing a proposal to restructure the Group’s Kling AI assets and businesses which may involve the introduction of external financings. The above-mentioned proposal is still at a preliminary stage and the Company has not entered into any definitive agreements relating to it. There is no assurance that such proposal will proceed. KUAISHOU-W opened 9.88% higher today (12th), reaching an intraday peak of HKD57.4. It closed at HKD53.4 at midday, up 3.49%, with turnover of 116 million shares, involving HKD6.382 billion. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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